XTX Topco Ltd Has $235,000 Position in Urban Outfitters, Inc. (NASDAQ:URBN)

XTX Topco Ltd trimmed its stake in Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) by 83.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,286 shares of the apparel retailer's stock after selling 21,141 shares during the quarter. XTX Topco Ltd's holdings in Urban Outfitters were worth $235,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC grew its stake in shares of Urban Outfitters by 5.6% in the 4th quarter. Fisher Asset Management LLC now owns 2,188,806 shares of the apparel retailer's stock valued at $120,122,000 after buying an additional 115,390 shares during the period. American Century Companies Inc. increased its holdings in shares of Urban Outfitters by 9.0% during the fourth quarter. American Century Companies Inc. now owns 2,089,155 shares of the apparel retailer's stock valued at $114,653,000 after acquiring an additional 173,082 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Urban Outfitters by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,174,966 shares of the apparel retailer's stock worth $64,482,000 after purchasing an additional 60,697 shares during the period. Proficio Capital Partners LLC grew its position in Urban Outfitters by 5,565.6% in the 4th quarter. Proficio Capital Partners LLC now owns 875,336 shares of the apparel retailer's stock valued at $48,038,000 after purchasing an additional 859,886 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Urban Outfitters by 7.9% during the 4th quarter. Bank of New York Mellon Corp now owns 706,161 shares of the apparel retailer's stock valued at $38,754,000 after purchasing an additional 51,657 shares in the last quarter. 77.61% of the stock is owned by institutional investors.

Insider Buying and Selling at Urban Outfitters

In other Urban Outfitters news, insider Azeez Hayne sold 11,676 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $54.75, for a total transaction of $639,261.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Tricia D. Smith sold 10,000 shares of Urban Outfitters stock in a transaction on Monday, March 10th. The shares were sold at an average price of $53.94, for a total value of $539,400.00. Following the completion of the transaction, the chief executive officer now owns 12,601 shares of the company's stock, valued at approximately $679,697.94. This trade represents a 44.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,976 shares of company stock valued at $1,663,713 over the last three months. 31.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

URBN has been the subject of a number of analyst reports. Robert W. Baird lifted their price objective on shares of Urban Outfitters from $60.00 to $62.00 and gave the company a "neutral" rating in a report on Thursday, February 27th. Telsey Advisory Group boosted their price objective on Urban Outfitters from $56.00 to $59.00 and gave the stock a "market perform" rating in a report on Thursday, February 27th. StockNews.com lowered Urban Outfitters from a "buy" rating to a "hold" rating in a report on Tuesday, April 22nd. Barclays increased their price target on Urban Outfitters from $63.00 to $68.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Finally, Morgan Stanley upgraded shares of Urban Outfitters from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $41.00 to $63.00 in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $55.18.

Urban Outfitters Trading Up 1.1 %

NASDAQ:URBN opened at $51.41 on Friday. Urban Outfitters, Inc. has a 12 month low of $33.86 and a 12 month high of $61.16. The firm's 50 day moving average is $51.25 and its 200 day moving average is $49.39. The stock has a market capitalization of $4.76 billion, a PE ratio of 14.73, a price-to-earnings-growth ratio of 1.02 and a beta of 1.37.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its earnings results on Wednesday, February 26th. The apparel retailer reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.15. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.63 billion. Urban Outfitters had a return on equity of 15.86% and a net margin of 6.11%. Research analysts predict that Urban Outfitters, Inc. will post 3.91 earnings per share for the current year.

Urban Outfitters Company Profile

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.